Tips and Tools for Protecting Residents from Financial Exploitation
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Too many vulnerable adults fall prey to con artists, family members, fiduciaries, and professional advisers who steal their nest eggs and threaten their financial security. The Consumer Financial Protection Bureau (CFPB) has released a manual to equip assisted living and nursing center staff with the know-how to prevent and spot the warning signs of financial exploitation. In this webinar, CFPB will take you through the manual and its key points.
LEARNING OBJECTIVES
- Prevent financial exploitation and scams by educating staff, residents, and family members about warning signs and precautions
- Recognize, record, and report financial abuse as early as possible using a model protocol and a team approach
- Get help from first responders in the community
Speaker: Naomi Karp, Consumer Financial Protection Bureau
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